The Committee to Destroy the World
The Credit Strategist Blog
I warned in the May 2023 issue of The Credit Strategist (published yesterday) that the banking system will remain under pressure even after JPMorgan (JPM) purchased First Republic Bank (FRC). Unfortunately, I was correct as regional bank stocks (PACW, WAL, FHN, ZION) are tumbling (the first three are down between 35% and 50% this morning after falling …
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